Vanguard Capital Wealth Advisors Makes New Investment in Vistra Corp. (NYSE:VST)

Vanguard Capital Wealth Advisors purchased a new position in Vistra Corp. (NYSE:VST) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 2,350 shares of the company’s stock, valued at approximately $279,000.

A number of other institutional investors have also recently bought and sold shares of the stock. Fidelis Capital Partners LLC purchased a new position in Vistra in the 3rd quarter worth about $290,000. Diversify Advisory Services LLC purchased a new position in Vistra in the 3rd quarter worth about $504,000. Integrated Advisors Network LLC purchased a new position in Vistra in the 3rd quarter worth about $6,125,000. Fortitude Family Office LLC increased its stake in Vistra by 125.0% in the 3rd quarter. Fortitude Family Office LLC now owns 360 shares of the company’s stock worth $43,000 after purchasing an additional 200 shares in the last quarter. Finally, Nisa Investment Advisors LLC increased its stake in Vistra by 104.1% in the 3rd quarter. Nisa Investment Advisors LLC now owns 107,141 shares of the company’s stock worth $12,700,000 after purchasing an additional 54,645 shares in the last quarter. Hedge funds and other institutional investors own 90.88% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the company. Royal Bank of Canada lifted their price target on Vistra from $105.00 to $141.00 and gave the stock an “outperform” rating in a research note on Thursday, October 3rd. Jefferies Financial Group lifted their target price on Vistra from $99.00 to $137.00 and gave the company a “buy” rating in a research note on Tuesday, September 24th. BMO Capital Markets upped their target price on Vistra from $146.00 to $147.00 and gave the company an “outperform” rating in a report on Tuesday. BNP Paribas began coverage on Vistra in a report on Monday, October 14th. They issued an “outperform” rating and a $231.00 target price on the stock. Finally, Guggenheim upped their target price on Vistra from $133.00 to $177.00 and gave the company a “buy” rating in a report on Tuesday, October 8th. Ten investment analysts have rated the stock with a buy rating, According to MarketBeat, Vistra currently has a consensus rating of “Buy” and a consensus price target of $145.40.

Vistra Stock Down 0.9 %

VST stock opened at $126.67 on Wednesday. The company has a current ratio of 0.98, a quick ratio of 0.88 and a debt-to-equity ratio of 2.89. Vistra Corp. has a 1 year low of $32.17 and a 1 year high of $143.87. The company has a fifty day simple moving average of $106.31 and a 200 day simple moving average of $91.86. The firm has a market cap of $44.01 billion, a PE ratio of 77.71 and a beta of 1.10.

Vistra (NYSE:VST) last released its quarterly earnings data on Thursday, August 8th. The company reported $0.90 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.59 by ($0.69). Vistra had a net margin of 4.61% and a return on equity of 21.05%. The business had revenue of $3.85 billion during the quarter, compared to analyst estimates of $4.04 billion. During the same period in the previous year, the firm posted $1.03 EPS. Sell-side analysts anticipate that Vistra Corp. will post 4.02 EPS for the current fiscal year.

Vistra Company Profile

Vistra Corp., together with its subsidiaries, operates as an integrated retail electricity and power generation company. The company operates through six segments: Retail, Texas, East, West, Sunset, and Asset Closure. It retails electricity and natural gas to residential, commercial, and industrial customers across states in the United States and the District of Columbia.